Clean title and hair cut can now be added to the CL glossary.
Rainy day and Mondays are shite and so was trying to understand the merits of having clean title because it's helps to borrow money against the assets in the interim, instead of waiting to pay out when the impossible dream of reaching the premier is achieved. If the magnificent 7 had waited for the Premier to get their money that's called a roll over. There you go another word for the glossary.
Thanks for all the people who tried to explain it in lay man terms and go and do one to the arses who acted all superior over the nonsense of the ex directors loans and why it became a mega problem.
Tuesday is a new day so let's hope we make progress before Lee Bowyer and coaching staff fuck off.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
The Glazers bought Man Utd with debt, not their own cash. It's normal business practise. Not spending £7m now as they want to use that money to fund the manager, coach and team sounds sensible to me!
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
I'd rather see new owners show some ambition and have a go. It will never happen under Duchatelet. If you are right and they were to run out of money again, we would be a good target for another takeover presumably without all the shenanigans of this one under Mr Greedy. It's not the end of the world. Duchatelet will eventually lead us into League Two and oblivion. It really is incredible we won promotion this season and responsibility for that belongs to Bowyer and his management team - all of whom may have left us this week due to the couldn't-care-less owner.
Back in 1984 I remember speaking to Peter Burrowes a few hours before Sunley bought the club. At that time we were teetering on the verge of extinction, and when I asked Peter how he thought things would go, he uttered the chilling words "That's it mate, we're gone." I remember how desolate I felt at that time. Had it happened back then, at least the end would have been mercifully quick. This time though, if no takeover happens very soon, and the cancer which is Duchatelet continues to eat away at that which we all love, the death will be a slow and painful one.
It goes without saying it will be a total disaster and gut wrenching if Bowyer and key personnel are not signed up very very soon especially after the highs of Wembley and increased prospect of a change of owner. A takeover is absolutely imperative and beggars can't be choosers as far as the Aussies are concerned at this eleventh hour.
At the moment we are all left hanging, waiting for news of an imminent sale but a lot of us have been here before when the club nearly went out of business prior to the move to Sellout. We survived that and we will survive this mad owner's attempts to completely destroy the very fabric of our club.
As someone once said early on in the Rat's reign of terror, 'it's going to be a bumpy ride' and that ride ain't over just yet. The next few days are likely to be critical, contracts wise but even so the old Scrote will be gone one day so keep the faith fellow Addicks and don't despair we will be rid of him eventually with or without Bowyer and co. The world will keep on turning and Charlton Athletic might still be in need of intensive care but it is still very much alive. COYRs!
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Agree up to a point, But when you replace a 14 goal pacey striker in January with a non goal scoring forward that a lowly League 1 club doesn't want, and you are left with one out and out striker (Taylor) who spends 50 % of his time as a wide man because he's also the best winger we have then despite the 3 superb loan signings Cullen, Bielik and the underated by some Purrington we could have imploded at any time because Bielik, Williams and Reeves were created by Swarovski. Other players found their best form for years, Bauer and Sarr etc and Aribo, Morgan and Dijksteel stepped up.
Pleased for everyone who made money but gambling on a team that had Duchatelet casting his evil spell in the background means you probably should be certified.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Because we still had a relatively small squad, which was weakened mid-season with the sale of Grant. We were lucky (or brilliant judgement by Bowyer and his staff) that most of the loan signings and free transfers worked out well. That isn't always the case and certainly cannot be guaranteed to be repeated year in, year out. IMO obtaining promotion was nothing short of a miracle.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Really?
We turned up at the Stadium of Light unable to fill the full quota of subs and 3 of the 5 we did manage to muster up were kids! and lost our best midfielder 2 days before. We relied on loan players who joined us towards the end of the window which was a panic. We then lose a striker who was banging in the goals for fun and don't get anywhere near replacing him. In fact we ended up with a last resort in the end. And last but not least we have Roland Duchâtelet casting a very dark cloud over everything the club was/is trying to achieve. Whilst I accept we have a superb management team the odds were massively stacked against us. But, if you could see promotion through all of this last summer can I please have the winning lottery numbers for this weekend?
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
I found promotion a very pleasant surprise given the owner being a knob, given the lack SMT or club strategy, given that Pompey, Barnsley, Doncaster & Sunderland all had the same idea of going up, given that we couldnt name a full squad for the opening day, given that we endured an injury 'crisis' up until January, given that we were forced to accept no cup runs, or infact even attempt to be competitive in them due to the squad size, given that we further reduced that squad size or at least its quality in January by selling Grant when our other talisman was suspended for 3 weeks, given that we hovered around 6th until the last couple of weeks, given that we endured the lottery of the plays offs, given that during those we were at one stage going out in extra-time, won via penalties and then eventually promoted on an injury time goal,
those small matters aside, it was never in doubt I guess, Up the Addicks!
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Let's keep it on the takeover please, chaps.
So many of the new members just love to go off on a tangent and go off piste.
In that interview when Rolo said he'd let the Club go for nothing, I presume he meant as long as the new owner took on the £68m(?) Screwfix debt and the £7m debt to the ex directors too?
If not, leaving aside the £7m for a moment, what happen to the £68m(?) owing, should the Club sells for £35m - £40m?
Sorry if this has been cleared up already, just a bit confused
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Really?
We turned up at the Stadium of Light unable to fill the full quota of subs and 3 of the 5 we did manage to muster up were kids! and lost our best midfielder 2 days before. We relied on loan players who joined us towards the end of the window which was a panic. We then lose a striker who was banging in the goals for fun and don't get anywhere near replacing him. In fact we ended up with a last resort in the end. And last but not least we have Roland Duchâtelet casting a very dark cloud over everything the club was/is trying to achieve. Whilst I accept we have a superb management team the odds were massively stacked against us. But, if you could see promotion through all of this last summer can I please have the winning lottery numbers for this weekend?
Bowyer could have named a full bench but chose not to. I’m sure it was part of his tactic of showing to those above that he needed more players. He’s not the only manager to have adopted this approach.
Our model is based on two key aspects: 1. Bringing low cost youngsters through the academy who develop and attain sell on value and 2: supplementing our squad with bringing in loan players from superior clubs. The hope with the latter is that we can hopefully bring in higher quality players than those in our division without being tied into a long-term financial commitment. We are not the only club that leans on this approach, and as a significant loss making enterprise i doubt you would disagree its not an unrealistic strategy approach regardless of who the owner is. The problem with it is the season currently starts well before the summer window closes, and Prem clubs don’t want to release players until they are clear on how their squad finalises. They call the shots so there is a clear element of risk for us in this approach, which it seems like we benefited from in August but in January we fell foul of by not having a player released late on deadline day we hoped for. No doubt we will have the same scenario this August.
With Grant, Parker was not signed as the replacement for Grant. Vetokele (our highest paid player?) returning from injury was to be Grant’s replacement, with Parker supplementing the squad.
Did it not work out? Was the team noticeably weaker with Igor instead of Karlan, or even when Parker started? We finished the season higher than when Karlan left and our points return i believe was noticeably higher for the post-Grant period. Of course we and Bowyer would have liked the money reinvested, all fans and managers want more signings, and i agree a risk was taken not doing so had it backfired. But its hard to argue against when it worked out so successfully. Sunderland lumped out £4m on Grigg on Deadline Day. Do you think that is seen now as money well spent?
I sadly can't see winning lottery numbers but 18% of us last summer thought we would finish Top 6. Its seems to be par the course now to fear / predict the worse every summer as 45% forecast bottom half for last season and we ended up 3rd.
In that interview when Rocunt said he'd let the Club go for nothing, I presume he meant as long as the new owner took on the £68m(?) Screwfix debt and the £7m debt to the ex directors too?
If not, leaving aside the £7m for a moment, what happen to the £68m(?) owing, should the Club sells for £35m - £40m?
Sorry if this has been cleared up already, just a bit confused
Starpix / Roly would need to write it off as a loss.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
The Glazers bought Man Utd with debt, not their own cash. It's normal business practise. Not spending £7m now as they want to use that money to fund the manager, coach and team sounds sensible to me!
I hear what you're saying about it being normal business practice. But the big difference between us and Man United (or indeed any normal business) is that their revenues can be expected to easily service the debt. Ours can't.
Anyway, it's all hypothetical for now. If it comes to pass, then I just hope that whoever is providing the finance against the assets is friendly.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Agree up to a point, But when you replace a 14 goal pacey striker in January with a non goal scoring forward that a lowly League 1 club doesn't want, and you are left with one out and out striker (Taylor) who spends 50 % of his time as a wide man because he's also the best winger we have then despite the 3 superb loan signings Cullen, Bielik and the underated by some Purrington we could have imploded at any time because Bielik, Williams and Reeves were created by Swarovski. Other players found their best form for years, Bauer and Sarr etc and Aribo, Morgan and Dijksteel stepped up.
Pleased for everyone who made money but gambling on a team that had Duchatelet casting his evil spell in the background means you probably should be certified.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
The Glazers bought Man Utd with debt, not their own cash. It's normal business practise. Not spending £7m now as they want to use that money to fund the manager, coach and team sounds sensible to me!
I hear what you're saying about it being normal business practice. But the big difference between us and Man United (or indeed any normal business) is that their revenues can be expected to easily service the debt. Ours can't.
Anyway, it's all hypothetical for now. If it comes to pass, then I just hope that whoever is providing the finance against the assets is friendly.
Yup exactly, Man Utd are a profitable brand that make tens of millions in profit every year. Much easier to to borrow money to buy a proven profitable brand by some one who has a reputation for running successful sport companies like the glazers.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Really?
We turned up at the Stadium of Light unable to fill the full quota of subs and 3 of the 5 we did manage to muster up were kids! and lost our best midfielder 2 days before. We relied on loan players who joined us towards the end of the window which was a panic. We then lose a striker who was banging in the goals for fun and don't get anywhere near replacing him. In fact we ended up with a last resort in the end. And last but not least we have Roland Duchâtelet casting a very dark cloud over everything the club was/is trying to achieve. Whilst I accept we have a superb management team the odds were massively stacked against us. But, if you could see promotion through all of this last summer can I please have the winning lottery numbers for this weekend?
Bowyer could have named a full bench but chose not to. I’m sure it was part of his tactic of showing to those above that he needed more players. He’s not the only manager to have adopted this approach.
Our model is based on two key aspects: 1. Bringing low cost youngsters through the academy who develop and attain sell on value and 2: supplementing our squad with bringing in loan players from superior clubs. The hope with the latter is that we can hopefully bring in higher quality players than those in our division without being tied into a long-term financial commitment. We are not the only club that leans on this approach, and as a significant loss making enterprise i doubt you would disagree its not an unrealistic strategy approach regardless of who the owner is. The problem with it is the season currently starts well before the summer window closes, and Prem clubs don’t want to release players until they are clear on how their squad finalises. They call the shots so there is a clear element of risk for us in this approach, which it seems like we benefited from in August but in January we fell foul of by not having a player released late on deadline day we hoped for. No doubt we will have the same scenario this August.
With Grant, Parker was not signed as the replacement for Grant. Vetokele (our highest paid player?) returning from injury was to be Grant’s replacement, with Parker supplementing the squad.
Did it not work out? Was the team noticeably weaker with Igor instead of Karlan, or even when Parker started? We finished the season higher than when Karlan left and our points return i believe was noticeably higher for the post-Grant period. Of course we and Bowyer would have liked the money reinvested, all fans and managers want more signings, and i agree a risk was taken not doing so had it backfired. But its hard to argue against when it worked out so successfully. Sunderland lumped out £4m on Grigg on Deadline Day. Do you think that is seen now as money well spent?
I sadly can't see winning lottery numbers but 18% of us last summer thought we would finish Top 6. Its seems to be par the course now to fear / predict the worse every summer as 45% forecast bottom half for last season and we ended up 3rd.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Really?
We turned up at the Stadium of Light unable to fill the full quota of subs and 3 of the 5 we did manage to muster up were kids! and lost our best midfielder 2 days before. We relied on loan players who joined us towards the end of the window which was a panic. We then lose a striker who was banging in the goals for fun and don't get anywhere near replacing him. In fact we ended up with a last resort in the end. And last but not least we have Roland Duchâtelet casting a very dark cloud over everything the club was/is trying to achieve. Whilst I accept we have a superb management team the odds were massively stacked against us. But, if you could see promotion through all of this last summer can I please have the winning lottery numbers for this weekend?
Bowyer could have named a full bench but chose not to. I’m sure it was part of his tactic of showing to those above that he needed more players. He’s not the only manager to have adopted this approach.
Our model is based on two key aspects: 1. Bringing low cost youngsters through the academy who develop and attain sell on value and 2: supplementing our squad with bringing in loan players from superior clubs. The hope with the latter is that we can hopefully bring in higher quality players than those in our division without being tied into a long-term financial commitment. We are not the only club that leans on this approach, and as a significant loss making enterprise i doubt you would disagree its not an unrealistic strategy approach regardless of who the owner is. The problem with it is the season currently starts well before the summer window closes, and Prem clubs don’t want to release players until they are clear on how their squad finalises. They call the shots so there is a clear element of risk for us in this approach, which it seems like we benefited from in August but in January we fell foul of by not having a player released late on deadline day we hoped for. No doubt we will have the same scenario this August.
With Grant, Parker was not signed as the replacement for Grant. Vetokele (our highest paid player?) returning from injury was to be Grant’s replacement, with Parker supplementing the squad.
Did it not work out? Was the team noticeably weaker with Igor instead of Karlan, or even when Parker started? We finished the season higher than when Karlan left and our points return i believe was noticeably higher for the post-Grant period. Of course we and Bowyer would have liked the money reinvested, all fans and managers want more signings, and i agree a risk was taken not doing so had it backfired. But its hard to argue against when it worked out so successfully. Sunderland lumped out £4m on Grigg on Deadline Day. Do you think that is seen now as money well spent?
I sadly can't see winning lottery numbers but 18% of us last summer thought we would finish Top 6. Its seems to be par the course now to fear / predict the worse every summer as 45% forecast bottom half for last season and we ended up 3rd.
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Agree up to a point, But when you replace a 14 goal pacey striker in January with a non goal scoring forward that a lowly League 1 club doesn't want, and you are left with one out and out striker (Taylor) who spends 50 % of his time as a wide man because he's also the best winger we have then despite the 3 superb loan signings Cullen, Bielik and the underated by some Purrington we could have imploded at any time because Bielik, Williams and Reeves were created by Swarovski. Other players found their best form for years, Bauer and Sarr etc and Aribo, Morgan and Dijksteel stepped up.
Pleased for everyone who made money but gambling on a team that had Duchatelet casting his evil spell in the background means you probably should be certified.
Very good, but the day people show their myriad of losing bets which made Denise Coates worth 4.6 billion in 2018 at bet365 it will always be a mugs game. Charlton finishing in the top half was more of a Conservative bet than top 6 and I did a similar bet 4 years ago ?
You remember the season in the championship when we were relegated Just after I borrowed next doors dog, put my old clothes from the garden on and sold the big issue at a prime location in London !
I found promotion a very pleasant surprise given the owner being a knob, given the lack SMT or club strategy, given that Pompey, Barnsley, Doncaster & Sunderland all had the same idea of going up, given that we couldnt name a full squad for the opening day, given that we endured an injury 'crisis' up until January, given that we were forced to accept no cup runs, or infact even attempt to be competitive in them due to the squad size, given that we further reduced that squad size or at least its quality in January by selling Grant when our other talisman was suspended for 3 weeks, given that we hovered around 6th until the last couple of weeks, given that we endured the lottery of the plays offs, given that during those we were at one stage going out in extra-time, won via penalties and then eventually promoted on an injury time goal,
those small matters aside, it was never in doubt I guess, Up the Addicks!
That’s not a very good poem. Nothing rhymes... #JustSaying
I appreciate the efforts of people with connections in either camp for passing on as much information as they can.
But the absence of any definitive information means that a worrying picture is emerging. Logically, as mentioned previously, the reason that the Aussies want the loans to be cleared is so that they can borrow against the club's physical assets, namely The Valley and Sparrows Lane. This suggests that they don't have the funds to run the club without leveraging these assets. This could leave us in a very precarious position if things don't go as well as anticipated and the borrowed money runs out.
I hope that this is a mis-reading of the situation. Along with the rumours of Bowyer and Gallen preparing to walk, it's a nerve-wracking time to be a Charlton fan (again).
It really is incredible we won promotion this season .
This crops up a lot and I really don’t understand why. As said earlier, we had a budget double the divisional average, were top 6 the previous season, signed good players, have talented youngsters coming through and brought in excellent players on loan (and with Williams on a short term contract).
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Really?
We turned up at the Stadium of Light unable to fill the full quota of subs and 3 of the 5 we did manage to muster up were kids! and lost our best midfielder 2 days before. We relied on loan players who joined us towards the end of the window which was a panic. We then lose a striker who was banging in the goals for fun and don't get anywhere near replacing him. In fact we ended up with a last resort in the end. And last but not least we have Roland Duchâtelet casting a very dark cloud over everything the club was/is trying to achieve. Whilst I accept we have a superb management team the odds were massively stacked against us. But, if you could see promotion through all of this last summer can I please have the winning lottery numbers for this weekend?
Bowyer could have named a full bench but chose not to. I’m sure it was part of his tactic of showing to those above that he needed more players. He’s not the only manager to have adopted this approach.
Our model is based on two key aspects: 1. Bringing low cost youngsters through the academy who develop and attain sell on value and 2: supplementing our squad with bringing in loan players from superior clubs. The hope with the latter is that we can hopefully bring in higher quality players than those in our division without being tied into a long-term financial commitment. We are not the only club that leans on this approach, and as a significant loss making enterprise i doubt you would disagree its not an unrealistic strategy approach regardless of who the owner is. The problem with it is the season currently starts well before the summer window closes, and Prem clubs don’t want to release players until they are clear on how their squad finalises. They call the shots so there is a clear element of risk for us in this approach, which it seems like we benefited from in August but in January we fell foul of by not having a player released late on deadline day we hoped for. No doubt we will have the same scenario this August.
With Grant, Parker was not signed as the replacement for Grant. Vetokele (our highest paid player?) returning from injury was to be Grant’s replacement, with Parker supplementing the squad.
Did it not work out? Was the team noticeably weaker with Igor instead of Karlan, or even when Parker started? We finished the season higher than when Karlan left and our points return i believe was noticeably higher for the post-Grant period. Of course we and Bowyer would have liked the money reinvested, all fans and managers want more signings, and i agree a risk was taken not doing so had it backfired. But its hard to argue against when it worked out so successfully. Sunderland lumped out £4m on Grigg on Deadline Day. Do you think that is seen now as money well spent?
I sadly can't see winning lottery numbers but 18% of us last summer thought we would finish Top 6. Its seems to be par the course now to fear / predict the worse every summer as 45% forecast bottom half for last season and we ended up 3rd.
Comments
The club is never being sold 😔
I remember how desolate I felt at that time. Had it happened back then, at least the end would have been mercifully quick.
This time though, if no takeover happens very soon, and the cancer which is Duchatelet continues to eat away at that which we all love, the death will be a slow and painful one.
At the moment we are all left hanging, waiting for news of an imminent sale but a lot of us have been here before when the club nearly went out of business prior to the move to Sellout. We survived that and we will survive this mad owner's attempts to completely destroy the very fabric of our club.
As someone once said early on in the Rat's reign of terror, 'it's going to be a bumpy ride' and that ride ain't over just yet. The next few days are likely to be critical, contracts wise but even so the old Scrote will be gone one day so keep the faith fellow Addicks and don't despair we will be rid of him eventually with or without Bowyer and co. The world will keep on turning and Charlton Athletic might still be in need of intensive care but it is still very much alive. COYRs!
many of us won money from last summer on promotion, top 6 etc.
I don’t see in any way why it was seen as a surprise promotion?
Pleased for everyone who made money but gambling on a team that had Duchatelet casting his evil spell in the background means you probably should be certified.
We were lucky (or brilliant judgement by Bowyer and his staff) that most of the loan signings and free transfers worked out well. That isn't always the case and certainly cannot be guaranteed to be repeated year in, year out.
IMO obtaining promotion was nothing short of a miracle.
given the owner being a knob,
given the lack SMT or club strategy,
given that Pompey, Barnsley, Doncaster & Sunderland all had the same idea of going up,
given that we couldnt name a full squad for the opening day,
given that we endured an injury 'crisis' up until January,
given that we were forced to accept no cup runs, or infact even attempt to be competitive in them due to the squad size,
given that we further reduced that squad size or at least its quality in January by selling Grant when our other talisman was suspended for 3 weeks,
given that we hovered around 6th until the last couple of weeks,
given that we endured the lottery of the plays offs,
given that during those we were at one stage going out in extra-time, won via penalties and then eventually promoted on an injury time goal,
those small matters aside, it was never in doubt I guess, Up the Addicks!
If not, leaving aside the £7m for a moment, what happen to the £68m(?) owing, should the Club sells for £35m - £40m?
Sorry if this has been cleared up already, just a bit confused
Bowyer could have named a full bench but chose not to. I’m sure it was part of his tactic of showing to those above that he needed more players. He’s not the only manager to have adopted this approach.
Our model is based on two key aspects: 1. Bringing low cost youngsters through the academy who develop and attain sell on value and 2: supplementing our squad with bringing in loan players from superior clubs. The hope with the latter is that we can hopefully bring in higher quality players than those in our division without being tied into a long-term financial commitment. We are not the only club that leans on this approach, and as a significant loss making enterprise i doubt you would disagree its not an unrealistic strategy approach regardless of who the owner is. The problem with it is the season currently starts well before the summer window closes, and Prem clubs don’t want to release players until they are clear on how their squad finalises. They call the shots so there is a clear element of risk for us in this approach, which it seems like we benefited from in August but in January we fell foul of by not having a player released late on deadline day we hoped for. No doubt we will have the same scenario this August.
With Grant, Parker was not signed as the replacement for Grant. Vetokele (our highest paid player?) returning from injury was to be Grant’s replacement, with Parker supplementing the squad.
Did it not work out? Was the team noticeably weaker with Igor instead of Karlan, or even when Parker started? We finished the season higher than when Karlan left and our points return i believe was noticeably higher for the post-Grant period. Of course we and Bowyer would have liked the money reinvested, all fans and managers want more signings, and i agree a risk was taken not doing so had it backfired. But its hard to argue against when it worked out so successfully. Sunderland lumped out £4m on Grigg on Deadline Day. Do you think that is seen now as money well spent?
I sadly can't see winning lottery numbers but 18% of us last summer thought we would finish Top 6. Its seems to be par the course now to fear / predict the worse every summer as 45% forecast bottom half for last season and we ended up 3rd.
https://forum.charltonlife.com/discussion/82671/poll-where-will-we-finish-this-season/p1
I hear what you're saying about it being normal business practice. But the big difference between us and Man United (or indeed any normal business) is that their revenues can be expected to easily service the debt. Ours can't.
Anyway, it's all hypothetical for now. If it comes to pass, then I just hope that whoever is providing the finance against the assets is friendly.
Charlton finishing in the top half was more of a Conservative bet than top 6 and I did a similar bet 4 years ago ?
You remember the season in the championship when we were relegated
Just after I borrowed next doors dog, put my old clothes from the garden on and sold the big issue at a prime location in London !